2701 Midway Rd Weslaco, TX 78596

Property Details for 2701 Midway Rd

Year built

2007

Lot size

1.01 lot acres

Property size

10,496 SF

Zone code

RS

Property type

Apartment buildings

APN

M4035-00-000-0004-00

APU

M403500000000400

Description

This exceptional multifamily investment opportunity presents a 13-unit apartment building situated on a spacious 1.01-acre lot in Weslaco, Texas. Constructed in 2007, the property comprises two buildings, offering a blend of convenience and potential for strong returns. The complex boasts a total of 13 individual apartment units, providing a substantial rental income stream. Located at 2701 S Midway Road, Weslaco, TX 78596, this property benefits from its strategic location within the city. The property's solid construction and relatively recent build date minimize the need for immediate major capital expenditures, allowing investors to focus on maximizing rental income and occupancy rates. The substantial lot size offers potential for future expansion or development, adding further value to this already attractive investment. With its proven track record of generating income and its promising location, this property represents a compelling opportunity for discerning investors seeking a stable and profitable addition to their portfolio. The property is zoned for multifamily use and is ready for immediate occupancy. Financial records are available upon request, providing detailed information on the property's performance and financial history. This is a turnkey investment ready for a new owner to step in and continue the success. This is an excellent opportunity to acquire a well-maintained, income-producing property in a growing Texas market.

Location Insight

City

Weslaco

County

Hidalgo

State

Texas

Longitude

-98.0211

Latitude

26.1321

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments